China-based Fosun has purchased Floreasca Park, an office project in northern Bucharest, Romania, from the German fund GLL, reported Romania-Insider.com.
The sales price was not disclosed.
Floreasca Park office project has a leasable area of 37,500 square meters (4.04 million square feet).
Portland Trust invested approximately €70 million ($83 million) in Floreasca Park, which it completed in 2013 and sold to the German investor in 2015 for €104 million ($123 million).
